The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible toke...
Tag: Inflation
As Per Almonty Industries CEO This Might Require The Fed Ten Years To Get Back Inflation In Check
Reduced product availability also reduces consumerism, which helps to keep inflation in check. You can’t spend money if you can’t buy it, he explained. And this inadvertently hinders money flow. This ...
Feds Expect Interest Rates to Rise to Combat Inflation
With the Federal Open Market Committee (FOMC) scheduled to meet on Wednesday, some analysts expect the committee to raise the interest rates aggressively in order to combat the rising inflation. Acco...
Crypto proponent Pierre Poilievre blamed Central Bank for the current rise in inflation
Pierre Poilievre, a Conservative leadership contender in Canada, believes that a digital currency should not be implemented by the central bank, but rather left to the private sector. In a time of inf...
Buffett Lures Omaha Disciples With Stock Buys, Inflation Warning
(Bloomberg) — As war broke out in Europe and U.S. inflation soared, Berkshire Hathaway Inc.’s Warren Buffett was doubling down on a tried-and-trusted strategy to navigate the fallout. Most Read ...
Powell’s Fed Set to Go Big and Keep Going Until Inflation Tamed
(Bloomberg) — Jerome Powell doesn’t like to bless bets in financial markets, but he could shift the needle this week on how high investors expect the Federal Reserve to raise interest rates to c...
Strong Dollar Aids U.S. Inflation Fight, Adds to Price Pressures Abroad
Text size Chinese 100 yuan bank notes. Paul Yeung/Bloomberg While your attention probably was focused on that big takeover of a certain social-media site, the gyrations in the global currency markets ...
Silver Prices Remained Little Changed Amid the Dollar Easing and Hot Inflation Report
Key Insights Silver prices traded flat as the release of Core PCE data reaffirmed the Fed’s plan for aggressive rate hikes. Treasury yields traded flat amid PCE data signaling spiraling inflation. Oi...
Storm Clouds Are Looming For The Stock Market
The Encounter of Tanks on the Map of Ukraine. 3d Rendering http://www.lib.utexas.edu/maps/world.html getty It’s hard to find many reasons to be bullish on the stock market right now. On the other hand...
From Dairy Queen to Brooks Running, Berkshire Hathaway’s businesses seeing an impact from inflation
Inflation has been one of the hot topics for markets this year, and rising prices are impacting portfolio companies for Berkshire Hathaway in different ways. In March, the Federal Reserve’s pref...
I-bonds are all the rage — what’s the best way to use them?
With the release of March’s Consumer Price Index, we now know that a risk-free investment yielding 9.6% will be available as of May 2. I’m speaking, of course, about Series I savings bonds from the U....
US crypto adoption remains high despite global inflation fears
A quantitative analytics report published by DappRadar has unveiled a number of revelatory behavioral market indicators for the global adoption of digital assets. The blockchain data portrays a positi...
Hi, Stagflation
We’re officially here. Growth is negative and inflation is at 9 percent. It’s 1974 all over again. In that year, all twelve months were spent in recession (one that lasted a year and a third) as price...
Blockchain firm develops model to beat rising inflation
Blockchain and digital money dealers AXIA reported its mainnet launch The group is behind the clever message-to-acquire approach of AXChat The new organization is intended to give a hyper-deflationar...
New-Car Supply Is Low, And Demand Remains High
The front row conceals empty spaces outside a Toyota dealership in California. MediaNews Group via Getty Images Expect U.S. auto sales in April to fall around 20% vs. April 2021, due to low new-vehicl...
3 top-ranked dividend stocks for May yielding an average of 3.9% — lock them in now before inflation soars higher
3 top-ranked dividend stocks for May yielding an average of 3.9% — lock them in now before inflation soars higher With high-flying growth stocks making all of the headlines, dividend stocks often get ...
Amazon Stock Erases $210 Billion In One Day After Inflation Triggers Surprise Loss And ‘Ugly’ Selloff
Topline Shares of Amazon collapsed Friday after the e-commerce monolith reported worse-than-expected earnings spurred by high inflation and lingering supply chain constraints, pushing the stock down m...
Retailers Scramble to Adapt As Inflation; Supply Chain Woes Persist
Retailers Scramble to Adapt as Inflation; Supply Chain Woes Persist getty The rules of retailing are being rewritten as hope fades that inflation will subside any time soon, or that supply chain disru...
Amazon Stock Erases $184 Billion In Value After Inflation Triggers Unexpected Loss And ‘Ugly’ Selloff
Topline Shares of Amazon collapsed Friday after the ecommerce monolith reported worse-than-expected earnings spurred by high inflation and lingering supply chain constraints, pushing the stock down mo...
Has Inflation Peaked? Fed’s Favorite Indicator Says Maybe So—Despite Another ‘Startling’ Reading
Topline Two key inflation readings on Friday showed mixed signs for the overall economy, with the Federal Reserve’s favorite indicator suggesting the worst of rising prices may be in the past wh...
‘Hyper-deflationary’ network launches mainnet amid rising inflation
AXIA, the team behind the novel message-to-earn approach of AXChat, announced the mainnet launch of its blockchain and native currency on Thursday. The new network is designed to provide a “hype...
Pelosi and Schumer Discuss Legislative Moves to Cut Gasoline Prices and Tackle Inflation
(Bloomberg) — House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer met to discuss possible legislation to reduce gasoline prices, according to a Democratic aide, as inflation pose...
Why diesel prices are driving up the cost of everything
Consumers notice spiking gasoline prices every time they drive to the pump. But energy industry analysts say the current spike in diesel prices is historic — and is pushing up the cost of all kinds of...
21Shares launches hybrid Bitcoin and gold ETP to enable inflation hedge
21Shares, a major issuer of cryptocurrency exchange-traded products (ETP), is launching a new ETP tracking a mix of Bitcoin (BTC) and gold. The Switzerland-based firm on Wednesday announced the launch...
Crypto Is No Way to ‘Opt Out of Inflation’: Bank of Canada
Top officials from the Bank of Canada rebuked claims that Bitcoin, or any other cryptocurrency for that matter, could substitute the Canadian dollar in the face of the country’s rising inflation, acco...
This Upcoming ETF Hedges Both Bitcoin And Gold Against Inflation
Fund manager 21Shares is set to launch a new exchange-traded product (ETP) that will track both Bitcoin and Gold under one instrument. The ETP is set to begin trading on the SIX Swiss Exchange this we...
3 Midcap Dividends That Defy Inflation (and Putin And Xi, Too)
A Male Looking At Colorful Pawns With Magnifying Glass On The Reflective Desk getty Think back just four months: first-level investors were babbling on about “transitory” inflation and clambering for ...
How Stagflation Could Trigger Global Bitcoin Adoption
Stagflation can be defined as a prolonged period in which an economy experiences persistently high inflation, high unemployment rates, and stagnant aggregate demand. It is a period where central banks...
Bitcoin is Not an Inflation Hedge, says Bank of Canada Official
Carolyn Rogers – senior Deputy Official for the Bank of Canada (BOC) – recently denied the notion that cryptocurrencies could be a viable hedge against inflation. Citing their volatility, she stated t...
Retail and consumer IPOs, M&A activity slowing amid inflation: KPMG
People shop at a grocery store in Monterey Park, California, on April 12, 2022. Frederic J. Brown | AFP | Getty Images Supply chain headaches, surging interest rates and the war in Ukraine have combi...